BetterLife Holding (HKSE:06909) Piotroski F-Score: 7 (As of Sep. 21, 2026) — Near Median

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HKSE:06909 BetterLife Holding Ltd HKSE:06909
52 GF Score
Price HK$0.21
GF Value HK$0.62
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is BetterLife Holding Piotroski F-Score?

BetterLife Holding HKSE:06909 52 Piotroski F-Score is 7 as of Sep. 21, 2026, which is at its 10-year median of 7.00. GuruFocus rates HKSE:06909 with a GF Score™ of 52/100 and a GF Value™ of HK$0.62 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,307 Vehicles & Parts companies, BetterLife Holding ranks better than 87.76% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

BetterLife Holding has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for BetterLife Holding's Piotroski F-Score or its related term are showing as below:

HKSE:06909' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 8
Current: 7

During the past 8 years, the highest Piotroski F-Score of BetterLife Holding was 8. The lowest was 2. And the median was 7.

BetterLife Holding  (HKSE:06909) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


BetterLife Holding Piotroski F-Score Related Terms


BetterLife Holding Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BetterLife Holding's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BetterLife Holding Piotroski F-Score Chart

BetterLife Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 2.00 6.00 4.00 5.00

BetterLife Holding Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.00 4.00 - 6.00 -

HKSE:06909 vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, BetterLife Holding's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BetterLife Holding Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BetterLife Holding's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where BetterLife Holding's Piotroski F-Score falls into.


HKSE:06909
52GF Score
BetterLife Holding Ltd HKSE:06909
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was HK$3 Mil.
Cash Flow from Operations was HK$309 Mil.
Revenue was HK$9,354 Mil.
Gross Profit was HK$397 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5176.1572665685 + 6146.4739547663) / 2 = HK$5661.3156106674 Mil.
Total Assets at the begining of this year (Dec24) was HK$5,176 Mil.
Long-Term Debt & Capital Lease Obligation was HK$631 Mil.
Total Current Assets was HK$2,776 Mil.
Total Current Liabilities was HK$2,162 Mil.
Net Income was HK$-26 Mil.

Revenue was HK$9,483 Mil.
Gross Profit was HK$302 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (5188.5668890612 + 5176.1572665685) / 2 = HK$5182.3620778148 Mil.
Total Assets at the begining of last year (Dec23) was HK$5,189 Mil.
Long-Term Debt & Capital Lease Obligation was HK$234 Mil.
Total Current Assets was HK$2,628 Mil.
Total Current Liabilities was HK$1,679 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

BetterLife Holding's current Net Income (TTM) was 3. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

BetterLife Holding's current Cash Flow from Operations (TTM) was 309. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=3.3923891036203/5176.1572665685
=0.00065539

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-26.085341426814/5188.5668890612
=-0.00502747

BetterLife Holding's return on assets of this year was 0.00065539. BetterLife Holding's return on assets of last year was -0.00502747. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

BetterLife Holding's current Net Income (TTM) was 3. BetterLife Holding's current Cash Flow from Operations (TTM) was 309. ==> 309 > 3 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=631.2352060989/5661.3156106674
=0.11149974

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=233.97873136966/5182.3620778148
=0.04514905

BetterLife Holding's gearing of this year was 0.11149974. BetterLife Holding's gearing of last year was 0.04514905. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=2776.4890559018/2161.562315849
=1.28448254

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2628.2717949926/1679.1223281296
=1.56526523

BetterLife Holding's current ratio of this year was 1.28448254. BetterLife Holding's current ratio of last year was 1.56526523. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

BetterLife Holding's number of shares in issue this year was 0. BetterLife Holding's number of shares in issue last year was 0. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=397.46588561275/9353.5932774148
=0.04249339

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=302.19703783051/9482.6650954974
=0.03186837

BetterLife Holding's gross margin of this year was 0.04249339. BetterLife Holding's gross margin of last year was 0.03186837. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=9353.5932774148/5176.1572665685
=1.80705353

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=9482.6650954974/5188.5668890612
=1.82760776

BetterLife Holding's asset turnover of this year was 1.80705353. BetterLife Holding's asset turnover of last year was 1.82760776. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

BetterLife Holding has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
BetterLife Holding (HKSE:06909) has a Piotroski F-Score of 7 as of Sep. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BetterLife Holding and its competitors. This is near median its historical median of 7.00. Over the past decade, BetterLife Holding's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, BetterLife Holding ranks #160 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 12.2%.
Is BetterLife Holding's Piotroski F-Score too high?
BetterLife Holding's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 6.00. BetterLife Holding's value of 7 is 16.7% above this industry median. Based on the distribution chart, BetterLife Holding ranks #160 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, BetterLife Holding has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BetterLife Holding's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, BetterLife Holding ranks #160 out of 1307 companies for Piotroski F-Score. This places BetterLife Holding in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. BetterLife Holding's value of 7 is 16.7% above this benchmark. Historically, BetterLife Holding's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, BetterLife Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 6.00, based on 1,307 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BetterLife Holding's current Piotroski F-Score of 7 is 16.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BetterLife Holding and its competitors. For the Vehicles & Parts industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetterLife Holding's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetterLife Holding stock overvalued right now?
Based on GuruFocus' analysis, BetterLife Holding (HKSE:06909) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.62, compared to a current price of HK$0.21 — trading 66.1% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 16.7% above the Vehicles & Parts industry median of 6.00. BetterLife Holding's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For BetterLife Holding (HKSE:06909), the current Piotroski F-Score is 7 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BetterLife Holding (HKSE:06909) Overvalued in 2026?

Based on GuruFocus' analysis, BetterLife Holding stock appears to be undervalued. The current stock price of HK$0.21 is trading 66.1% below its estimated GF Value™ of HK$0.62. GuruFocus considers BetterLife Holding to be Significantly Undervalued.

Key valuation signals for HKSE:06909:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: HK$0.62 vs. price of HK$0.21 (66.1% below fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 16.7% above the Vehicles & Parts median (#160 of 1307)

No single metric tells the full story. See the HKSE:06909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BetterLife Holding Business Description

Address No. 1 Donghuan North Road, Beijing Economic and Technological Development Area, Beijing, CHN
BetterLife Holding Ltd is an automobile dealership service provider in China focusing on luxury and ultra-luxury brands. The company operates dealership stores for the brands Porsche, Mercedes-Benz, BMW, Audi, Bentley, Jaguar-Land Rover, AITO and Lotus. It offers a comprehensive range of automobile-related products and services, including the sale of automobiles consisting of mainly imported and domestically manufactured models, after-sales services which consist of repair and maintenance services, the sale of accessories and other automobile-related products, insurance agency services and automobile license plate registration services, and it also provides other automobile-related value-added services like automobile financing and pre-owned automobile brokerage services.
52GF Score

Get the complete analysis for HKSE:06909

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.21
Price
HK$0.62
GF Value